gotchanewsdaily.com 
My top 10 things to watch Tuesday, Dec. 3
1. With the 10-year Treasury note so low in yield, a big employment number expected Friday and third-quarter U.S. GDP forecasts now above 3%, how could the Federal Reserve cut rates at its policy meeting in two weeks? But also, how can the Fed not cut with Donald Trump, a frequent central bank critic during his first term, set to return to the White House next month? Odds of a quarter-point cut Dec. 18 have moved higher lately, according to the CMEGroup’s FedWatch tool.
2. A Delaware judge rejected Tesla CEO Elon Musk’s bid to get his $56 billion pay package reinstated. What is the cure here? The judge had voided the compensation plan in January. Then in June the electric vehicle maker’s shareholders overwhelmingly said they supported the package. Chancellor Kathaleen McCormick is not swayed by the world’s most powerful man. Musk called the latest decision “absolute corruption.”
3. Sales of China-made Tesla vehicles in the country fell 4.3% in November compared with the prior year, new data showed. China is a fiercely competitive EV market. Musk’s close ties with China, highlighted by a recent Financial Times story, is something to watch when China hawk Trump takes office. Musk has become close with Trump, who named fellow China critics to key role in the administration.
